About VMEP HOLDINGS Company

Vietnam Manufacturing, Processing and Export (Holdings) Co., Ltd. is one of Vietnam's leading manufacturers of scooters (scooters) and national cars (CUB). The Group's sales volume currently ranks third among major foreign locomotive manufacturers. Its main business is the production of Scooter and National Vehicles. The Group also produces locomotive engines and parts for internal use and sales, and sells and repairs molds to make die-cast and forged metal parts. The Group's manufacturing and assembly business is mainly carried out in two plants, which are located near Vietnam's two largest cities, Ho Chi Minh and Hanoi, respectively, close to the region with the most intensive market operations. The Group has a long history in Vietnam and is an enterprise with deep roots in Vietnam. Unlike other foreign-funded enterprises in Vietnam, the Group has set up a business base and research and design department in Vietnam to respond to customer opinions in a timely manner, innovate and improve design to improve product quality, and produce products that meet the needs of the local market. At the same time, the local plant enables the Group to increase profitability by reducing labor and transportation costs for manufactured products. Vietnam Manufacturing, Processing and Export (Holdings) Co., Ltd. produces a variety of Sokodas and national vehicles to meet the needs of different types of customers and increase the Group's market share in the industry. Furthermore, the Group has adopted a unique dual brand strategy, that is, marketing products under the two brand names “SYM” and “SANDA” respectively to increase the Group's penetration rate in the consumer market. The Group's SYM brand mainly produces high-end Sokodas. The products are marketed as unique products that combine technology and fashion with a variety of special design elements. Currently, the SYM brand has become the most popular brand in Vietnam's Sokodak and national car markets. It has shaped the concept of unique style, excellent quality, stability and reliability in the minds of consumers, making the Group's products widely loved by consumers. Furthermore, the Group has an extensive distribution network in Vietnam, with about 230 dealerships; the Group also maintains close and long-term relationships with dealers. The Group also has a strong supplier network and is actively seeking the most suitable suppliers in ASEAN countries to ensure the Group's price advantage.